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The Latest Breaking News from Inflation

Used car market flashing inflation warning

Used cars are not poised to benefit from stabilizing supplies in 2023.

Axios

Marijuana Stocks: Buy or Sell These 3 in 2023?

Although several states have legalized marijuana, the industry faces a supply glut amid high inflation impacting overall demand. With Federal legalization unlikely this year, marijuana stocks could remain under pressure. Therefore, would it be wise to invest in marijuana stocks Tilray Brands (TLRY), Canopy Growth (CGC), and Aurora Cannabis (ACB)…

StockNews.com

Seven money changes which will hit your pocket in March, from Spring Budget to the final £67 energy payment

There are plenty of announcements in March which could have wide-ranging repercussions on household budgets

Chronicle Live

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3 Great Stocks to Buy When Your Tax Refund Arrives

With recent economic data pointing to sticky inflation, strong consumer spending, and a resilient labor market, renewed fears about the Fed’s potential interest rate hikes are expected to cause massive market volatility in the upcoming months. Amid a volatile market backdrop, investors could consider buying fundamentally sound stocks Autodesk (ADSK),…

StockNews.com

Inflation and recession jitters haven't quelled Americans' spending

Even adjusted for inflation, spending grew in January.

Axios

3 Smart Stocks to Buy This Week

A sequential rise in the Personal Consumption Expenditure (PCE) and the strong jobs growth in January has hit investor sentiment as the Fed will likely become hawkish again. This could trigger further market volatility in the upcoming months. Therefore, it could be wise to buy fundamentally strong stocks, Walmart (WMT),…

StockNews.com

After fleeing war, homelessness threatens UK’s Ukrainian refugees

After being sponsored for an initial six-month period, finding permanent housing is challenging as inflation soars.

Al Jazeera

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OPINION - Signs of green shoots for our economy? Sadly, I don’t think they exist

For those of a certain maturity, the Nineties offered mixed messages. The overthrow of Margaret Thatcher, the ERM debacle and the humiliation by elements in his own party of John Major were all associated with enduring economic misery. The arrival in 1997 of Tony Blair and Gordon Brown, the independence…

Evening Standard

Lebanon's economic situation 'uniquely devastating', Egypt's 'potentially manageable'

The economic situations in Lebanon and Egypt are both dire, but for now the ramifications are more manageable in Egypt. That's the view of Timothy Kaldas from the Tahrir Institute for Middle East Policy. He told FRANCE 24 that while parallels can be drawn between the countries, there is reason…

France 24

Doyle McManus: Jimmy Carter's presidency looks better now than in 1980. Is there a lesson for Joe Biden?

History isn't kind to one-term presidents, at least in the short run.

Los Angeles Times

Water bills to rise 7.5% in April unless you take five steps

The price you pay for water is going up thanks to inflation

Wales Online

Primark issues cost warning as it pushes roll-out of its website

The company's owner cautioned over consumer spending in the second half as the cost-of-living crisis continues to put households under pressure

Wales Online

Asian shares track Wall Street decline on hot economic data

Shares have fallen in Asia after Wall Street benchmarks closed out their worst week since early December

The Independent UK

Profits again outstrip wages amid accusations 'corporate Australia is driving inflation'

While workers' pay packets are growing at the fastest pace in a decade, profits are still rising even faster, according to official data.

ABC News

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Birmingham Post

InterTradeIreland survey: Businesses across island growing or stable despite inflation

The survey garnered the opinion of more than 750 businesses

The Guardian - UK

UK government is hiding £28bn of ‘stealth cuts’ to public services, says report

Thinktank warns austerity drive at next month’s budget will further damage economy

Daily Mirror

Government 'hiding £28 BILLION of public service cuts in smoke and mirrors budget'

The TUC has published a study by the New Economics Foundation (NEF), accusing the government of playing "smoke and mirrors" with its figures

ABC News

ASX falls as mining stocks slump; Downer, InvoCare hit on earnings — as it happened

The ASX finished more than a per cent lower after the mining sector was crunched on weaker commodity prices. Here's how the trading day unfolded.

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Bangkok Post

Will the new industrial policy work?

Industrial policy has returned to government agendas across the developed and developing world. While the US Inflation Reduction Act has shocked America's Asian and European trading partners, the Biden administration's signature climate-change legislation is just the latest in a series of recent policies that seemingly fly in the face of…

Chronicle Live

Best and worst supermarkets ranked for price rises - from Aldi and Lidl to Tesco

The Which? food tracker analysed inflation on more than 25,000 food and drink products at eight major supermarkets - here are the results

Fortune

Stock-market believers say ‘stage still set’ for U.S. economy to accelerate in second half of year

The stock market slump may be discouraging, but it shouldn’t be a shock based on historical patterns.

Fortune

Is $1 million enough to retire? Experts say no

Inflation and a rocky stock market are worsening America's retirement crisis: $1 million is no longer enough to retire—experts say you need double that instead.

WEKU

Black farmers worry new approach on 'race neutral' lending leaves them in the shadows

White farmers' suits blocked a USDA program and led to a race neutral approach.

Daily Mirror

8 money changes coming in March including Spring Budget and final £67 energy discount

We’re all thinking about our money now more than ever, and there are plenty of financial changes coming up in March that you should know about and pop in your diary

Bangkok Post

Economy to grow 3.8% this year, inflation to ebb: Arkhom

Thailand's economy is expected to grow 3.8% this year, helped by a rebound in the vital tourism sector, while inflation should cool to its target range, the finance minister said on Saturday.

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